Darko：穩定幣利潤在分配渠道而非發行
2026-10-03 23:03:00
幣界網消息，作者 Darko 在《iosg》中指出，穩定幣的真正商業競爭不在於誰發行，而在於誰掌握用戶和分發渠道。儘管 Circle 拥有合規牌照和 USDC 的發行能力，但仍需向 Coinbase 等渠道支付大量分成，這表明客戶入口和餘額沉澱才是議價權的核心。
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